Market Action Report
City: Plant City
Plant City
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
Market Action Report
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$219,820
Other
LM
Trending versus*:
L3M PYM
LY
-4%
22%
$277,123 Trending
1% versus*:
32%
Month
LM 1%
L3M PYM
LY
$172,250
2% 19%
$219,820
-4% 8% 22%
$188,350
2% 23%
$277,123 184
1% 1% 32% -23%
$172,250 1%
2% 19% -4%
11%
80 31%
$188,350 8%
2%
23%
13%
66 78% 40% -3%
184 1%
-23%
$106 1% -1% 9%
80 31%
-4%
$105 9% 3% 22%
66 78% 40% -3% -3%
2.3 -23% -15% -20%
$106 1% -1% 9% 12%
96.8% 1.1% .2% 2.9%
$105 9% 3% 22%
2.3 -23% -15% -20%
96.8% 1.1% .2% 2.9%
October Month's Supply of Inventory
October Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales
100
80
61
73
74
60
74
89
75
47
54
86
47
83
73
64
73
86
69
80
85
57
42
54
74
65
69
64
45
42
64
61
73
74
60
74
89
75
47
54
86
47
83
73
64
73
86
69
62
50
61
54
74
65
69
64
80
3 Mo Avg
3 Mo Avg
N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
N D 13
J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A16M J J A S O
13
14
15
16
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
184
182
207
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
199
184188
182186
169
207
174
199
186
188
191
186
169
189
232
186
174
238
191
235
189
232 247
235 255
238 267
247243
267270
279
289
289
288
283
290
279
282
289
290
281
Total Inventory & Month's Supply of Inventory (MSI)
334
312
312
312
The Total Inventory
Inventory
& MSI of Properties available for sale as of
400
October
was 184, up
1.1% from available
182 last month
The
Total Inventory
of Properties
for saleand
as ofdown 22.7%
October
wasin184,
up 1.1%
182 last
month2016
and down
22.7%was400
from 238
October
of from
last year.
October
Inventory
at 350
from
238 inlevel
October
of last year.
Inventory
was at 350 300
its lowest
compared
with October
October2016
of 2015
and 2014.
its lowest level compared with October of 2015 and 2014.
300 250
250 200
200
150
A comparatively lower MSI is more beneficial for sellers while150
a
Ahigher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The October 2016 MSI of 2.3 100 100
higher MSI is better for buyers. The October 2016 MSI of 2.3
months was at its lowest level compared with October of 2015 50 50
months was at its lowest level compared with October of 2015
0
and 2014.
0
43
Median Sales Price and Average Sales Price
288
170
160
150
140
130
120
110
100
200
190
180
170
160
150
140
130
120
110
100
281 297
282287
$174,420 last month. October 2016 ASP was at the highest level
compared to October of 2015 and 2014.
N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
Median Sales Price and Average Sales Price
13
14
15
16
287 298
Prices
The Median Sales Price in October was $172,250, up 18.8% from
Prices
$145,000 in October of 2015 and up 1.3% from $170,000 last
The
Median
Sales
Price Sales
in October
$172,250,
up$188,350,
18.8% fromup
month.
The
Average
Pricewas
in October
was
200
$145,000
in October
of 2015
and upof
1.3%
from
22.6% from
$153,642
in October
2015
and$170,000
up 8.0%last
from
190
month.
Thelast
Average
Sales
Price in2016
October
up level
$174,420
month.
October
ASPwas
was$188,350,
at the highest
180
22.6%
from $153,642
inof
October
of 2015
and up 8.0% from
compared
to October
2015 and
2014.
N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
13
14
15
16
64
0
49
10
20
45
20
30
48
30
40
42
40
50
43
50
60
49
60
70
0
3 Mo Avg
70
80
10
3 Mo Avg
80
48
2016 sales were at a mid level compared to October of 2015 and
2014. October YTD sales of 687 are running 3.5% behind last
year's year-to-date sales of 712.
-15%
12%
10%
-24%
2%
Number of Properties Sold
90
298 312
297 334
October Property sales were 80, down 3.6% from 83 in October
of 2015 and 31.1% higher than the 61 sales last month. October
Property
2016 salesSales
were at a mid level compared to October of 2015 and
100
October
PropertyYTD
salessales
were of
80,687
down
from3.5%
83 inbehind
Octoberlast
2014. October
are3.6%
running
90
ofyear's
2015 and
31.1% higher
the 61 sales last month. October
year-to-date
salesthan
of 712.
-4%8%
-11%7%
12%
11%
-15%
-25%
12%
1%
19%
$97
11%
10%
-38%
2.8 -25%
-24%
Number of96.2%
Properties
2.3%
1% Sold 2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
249
255
October Sale Price vs List Price Ratio
October Sold Price per Square Foot
62
October Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
80
October Sold Price per Square Foot
October Average Days on Market (Solds)
8%
687
9%
58
$106
687
-4%
$97
58 -11%
2.8
$106
12%
96.2%
12%
19%
-38%
2.3%
243 265
October Number of Properties Sold
50
Asking Price per Square Foot (based on New Listings)
85
October Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$167,000
$178,364
-3%
57
October Average Sales Price
Trending versus*:
289
October
Sales
Price
OctoberMedian
Number
of Properties
Sold
Trending versus*:
Prior YTD Prior Year
YTD
Prior YTD 8%
Prior Year 8%
11% YTD
$167,000
13%
$178,364
9%
7%
249
Average
List Price of
all Current
Total Properties
Currently
forListings
Sale (Inventory)
61
Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median
List
Price ofSales
all Current
October
Average
Price Listings
265 283
Average List Price of